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Morning Edition · Sunday, September 6, 2026Published at 2:01 AM EDT · New York
Router Protocol Will Close and Burn 303 Million Tokens After Four Years of Cross-Chain Work
The shutdown comes as Southeast Asian crypto funding rebounds to $680 million, concentrated in Singapore and a small number of mature companies.
Router Protocol will end operations by 30 September and permanently burn 303,333,198 ROUTE tokens held in its treasury, closing more than four years of cross-chain infrastructure development after what the team described as two years of fin…
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Part of a tracked trend
On-Chain Capital Concentrates
As total on-chain capital contracts, value keeps concentrating on the largest chains and the applications with live demand, squeezing long-tail protocols and forcing consolidation.
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